Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 25 million loan to <i>Raia Drogasil SA</i> under the <i>BNDES limite de crédito</i> scheme (May 2016)

Announcement

31 May 2016

In May 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Raia Drogasil SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

31 May 2016

Revocation date:

No revocation date

State loan In force

On 31 May 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 90 million (approx. USD 25 million) loan to Raia Drogasil SA. The loan was issued under the B...

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Local content incentive In force

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 90 million (approx. USD 25 million) loan to Raia Drogasil SA granted on 31 May 2016 by the Nati...

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